New UPI players gain ground, chip away at market leaders’s share India’s Unified Payments Interface (UPI) ecosystem is witnessing a shift in its ranking order, with emerging players making significant inroads into a market long dominated by PhonePe and Google Pay. The latest data from the National Payments Corporation of India (NPCI) highlights how newer … Read more
Public Market Exits ~Samriddhi Singh MaharExit activity soared to a record high in 2024, reaching USD 28 billion across 263 deals, with public market exits accounting for 60% of the total. Strong regulations and a robust domestic capital market drove this surge, with PE/VC-backed public market exits hitting a record USD 17 billion, as per … Read more
Insurance firms see drop in ULIP demand as stock market declines The life insurance industry experienced a slowdown in February 2025, with a sharp decline in unit-linked insurance plan (ULIP) sales following recent stock market corrections. The industry’s annualized premium equivalent (APE) fell 6% year-on-year (YoY), primarily due to a 23% drop in LIC’s APE. … Read more
